DUBLIN--(BUSINESS WIRE)--The "Xanthan Gum Market - Forecasts from 2019 to 2024" report has been added to ResearchAndMarkets.com's offering.
The xanthan gum market is projected to grow at a CAGR of 4.72% to reach US$1,004.359 million by 2024, from US$761.737 million in 2018.
The prevalence of people who are allergic to gluten or wheat protein is one of the drivers driving the growth of the global xanthan gum market. Xanthan gum, a popular food additive is added to food as a thickener or stabilizer. It is formed when the sugar is fermented by a bacterium known as Xanthomonas campestris. This improves the texture, consistency, flavor, shelf life and food appearance. Also, used in gluten-free cooking as it provides elasticity and fluffiness which is provided by the traditional baked goods. Salad dressings, bakery products, fruit juices, soups, ice creams, sauces and gravies, and many other food items contain xanthan gum.
This report is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by form, function, industry vertical, and geography.
The xanthan gum market has been segmented based on form, function, industry vertical, and geography. By form, the market has been segmented on the basis of dry and liquid. By function, the market has been segmented as thickener, stabilizer, coating material, and others. By industry vertical, the market has been segmented into oil and gas, food and beverages, pharmaceuticals, cosmetics and personal care, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and Asia Pacific regions. The report also analyzes 14 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the xanthan gum market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the xanthan gum market.
Key Topics Covered
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. XANTHAN GUM MARKET BY FORM
6. XANTHAN GUM MARKET BY FUNCTION
6.3. Coating Material
7. XANTHAN GUM MARKET BY INDUSTRY VERTICAL
7.1. Oil and Gas
7.2. Food and Beverages
7.4. Cosmetics and Personal Care
8. XANTHAN GUM MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3.3. United Kingdom
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.5. Asia Pacific
8.5.4. South Korea
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Archer Daniels Midland Company
10.2. Cargill, Incorporated
10.3. DuPont Nutrition & Health
10.4. CP Kelco
10.5. Deosen Biochemical Ltd.
10.6. Meihua Holdings Group Co. Ltd.
10.7. Hebei Xinhe Biochemical Co. Ltd.
10.8. Fufeng Group
10.9. Unionchem Co. Ltd.
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